Business

SSNIT increases monthly pension payment by 15%

1,445  The Social Security and National Insurance Trust (SSNIT), in consultation with the National Pensions Regulatory Authority (NPRA) has indexed monthly pensions upwards by 15% for the year 2024. By this, the monthly payment for pensioners have been increased by 15%. This is in line with Section 80 of the National Pensions Act, 2008, (Act […]

Business

“We miss you Daddy”-Kumasi Central Market Traders cry to John Mahama

1,879  Members of the Combined Kumasi Central Market Traders Association are crying for H.E John Dramani Mahama, Former President of the republic and yet to be President of Ghana to come quickly and complete the phase two of the abandoned central market project. They have , however, expressed disappointment in the New Patriotic Party (NPP) […]

Business

GPRTU to increase fares by 60%

1,884  The Ghana Private Road Transport Union (GPRTU) has reaffirmed its decision to implement a 60% increase in transport fares in 2024, coinciding with the commencement of the Emission Levy Bill in January 2024. The recently passed Emissions Levy Bill by Parliament imposes an annual fee of 100 cedis on all owners of petrol and […]

Business

Prefos Ltd will support Africa’s development, industrialization agenda – CEO

1,579  Mr. Alexie K. Fosu, the Chief Executive Officer of Prefos Limited, an electrical and civil engineering company, has affirmed that the aim of the company established 32 years ago is to support Africa’s development and industrialization agenda. He said the company would help the agenda by providing modern, durable high quality electrical installation and […]

Business

MoMo agents suspend GH¢1000 cap on withdrawals

4,426  The Mobile Money Advocacy Group (MoMAG) has announced the immediate suspension of the GHȻ1000 cap on withdrawals. According to MoMAG, this follows meetings with the relevant authorities, regarding their meagre and static commissions. In a bid to secure fair compensation for their services, Mobile Money (MoMo) agents across Ghana announced that they will implement […]